NCC Ordered Mtn, Glo, Airtel To Suspend SIM CARD Registration
Nigeria Communication Commission (NCC) ordered telecommunications businesses, which includes Glo, MTN group Ltd. And Airtel Africa percent, to suspend the sale of SIM playing cards even as authorities take a look at their compliance with registration recommendations.
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“cell network operators are hereby directed to right away suspend the sale, registration and activation of latest SIM cards till the audit exercising is concluded,” the Nigerian Communications commission stated in a declaration on its internet site.
Johannesburg-based totally MTN’s nearby unit, the West African us of a’s largest wi-fi operator, said it had complied with the directive, in keeping with a note it sent to clients.
Airtel Africa, which indexed in Lagos and London final yr, vies with neighborhood operator Globacom Ltd. As the united states of america’s 2d-biggest carrier.
The NCC fined MTN in 2015 for failing to disconnect undocumented SIM cards as part of a protection crackdown. The matter became resolved a yr later when the organization paid 330 billion naira ($839 million) after widespread negotiations.
MTN stocks fell as tons as eight.6% in Johannesburg, the maximum in nearly seven months,
Before paring the decline to 5% as of three:38 p.M. MTN Nigeria Communications p.C fell 0.Eight% in Lagos, while Airtel Africa become 1.2% lower in London